Singapore Carpooling App Ryde Launches Wallet for BTC Payments
Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin payments for its service. Go to Source Powered by WPeMatico
Bitcoin Broker River Financial Announces $5.7M Seed Round
The San Francisco-based Bitcoin financial services firm announced it had raised $5.7M in a seed funding round led by Polychain Capital. Go to Source Powered by WPeMatico
Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation has slowed down. Furthermore, a recent research report … Read more
BTC Investors Bullish Even as Bitcoin Price Is Below $10K — On-Chain Data
Bitcoin price is pinned below $10K but on-chain data and market correlations show investors remain bullish. Go to Source Powered by WPeMatico
Zoom Will Offer End-to-End Encryption to All Users
The video conference app will launch its end-to-end encryption in July 2020 in a beta stage for both free and paid users. Go to Source Powered by WPeMatico
77% Of Bitcoin Volume Is Generated by Boomers For This Bitcoin Broker
Baby boomers are responsible for the 77% of volume growth for a San Franciscan Bitcoin broker. Go to Source Powered by WPeMatico
Binance CEO CZ Explains Why He Disabled Twitter Comments
Binance CEO Changpeng Zhao recently restricted the ability to comment on his Twitter posts, but only partially. Go to Source Powered by WPeMatico
IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over a six-year period. But after seeing the … Read more
Fed Chair on CBDC: ‘We Need to Understand It First and Best’ — But Is He Too Late?
The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress. Go to Source Powered by WPeMatico